U.S. equity markets clawed back a large portion of their losses but finsihed lower in what was a volatile end to trading ahead of Labor Day weekend.


The Dow Jones Industrial Average, which fell over 600 points intraday, lost 159 points, or 0.56%. Investors rotated out of stocks including Home Depot while buying JPMorgan and Bank of America.

Financials also led the gains in the S&P 500 despite the broader index closing lower by 0.81%.

Join the official BJL WhatsApp status to see engagements, births, deals, levayos, events...:  bit.ly/32HUBnJ

Join an official BJL WhatsApp group to get breaking news: bit.ly/34zdGuF

The Nasdaq Composite, meanwhile. dropped 1.27%, as both Apple and Tesla, booked gains.

Tesla shares, which briefly slid into bear-market territory, down at least 20% from their Aug. 31 peak, added 2.78%. Read more at FOX Business